Mises Daily
Author:
Thorsten Polleit
Online Publish Date:
The Initiative The referendum on the Swiss Gold Initiative will take place on November 30. The Initiative demands the following: (1) The Swiss National Bank (SNB) shall be prohibited from selling any of its gold reserves; (2) the SNB’s gold reserves must be stored in Switzerland; and (3) the SNB must keep at least 20 percent of its assets in gold